Q:
Sethna Group in Bangalore is building Sethna Power Tower in Horamavu since 2005, delay of over 5 years now. Though they give a monthly penalty to the 5-7K, this is minuscule as compared to the bank interest the existing owners are paying for the property with cost in the range of 60-80L. Any suggestions how such delays from the builder can be tackled. Any suggestion for lawyers or legal sites that can help people on the same same?
Why don't you take advise from a legal expert? Are they increasing the penalty amount on yearly basis at least?
Neeladri, do you have any legal contacts who can help us on the same?
4th September 2012
What was the reason for this prolonged delay? When this project will be completed? What has the builder announced?
The builder keeps giving very lame excuses to people - like labor problem, contractor issues, cash flow, material issues, etc etc. There are also organizational issues, the staff do not follow orders of the management. Its a complete mess.
Q:
Looking for a 2BHK to rent out @ Sethna Power Tower. This is to move-in immediately. Ready to wait until 01-June if there will be availability then.
Do visit Sethna Power Tower and collect the contact details of Mrs Reddy - there are several flats available on rent.Do visit Sethna Power Tower and collect the contact details of Mrs Reddy - there are several flats available on rent.
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